19 April 2023

Setting Goals: Why It Matters and How to Succeed

E-pickr is a set of powerful product research tools designed to make e-commerce more accessible, successful and responsible. These tools are offered free of charge, and they contribute to the ESG (Environmental, Social, and Governance) goals by promoting responsible production and consumption for a better climate with less waste.

Here are three perfect solutions for e-commerce businesses to make better decisions on which inventory to purchase, increasing their chances of profitability and contributing to a less overconsumptive society. A more environmentally conscious seller, could make buyers more environmentally conscious. Since consumers will not just change their behaviour unless the cause is addressed further upstream in the supply chain, e-pickr® is an excellent tool for e-commerce businesses to make informed decisions on which inventory to purchase, thereby contributing to a less overconsumptive society.

#1 Recommend or Sell Only Sustainable and Durable Products

Consumers are increasingly concerned about the environmental impact of their purchases. One way to address these concerns is by recommending or selling only sustainable and durable products through e-commerce retailers. This not only helps consumers make more informed choices but also encourages retailers to stock more environmentally friendly products.

E-pickr can help in this regard by using its data analytics tools to identify sustainable and durable products. By analyzing data on product performance, and environmental impact, e-pickr can provide retailers with recommendations on which products to stock. For example, if a retailer sells clothing, e-pickr can recommend products made from organic cotton or recycled materials if these are in higher demand.

#2 Reduce the Number of Unsold Inventory Units that are Usually Disposed of as Wasted Goods

One of the biggest challenges for retailers is managing inventory. Unsold inventory units often end up being disposed of as wasted goods, which has a negative impact on both the environment and the bottom line. However, by only recommending products that sell well, e-pickr can help retailers reduce the number of unsold inventory units.

E-pickr can use its data analytics tools to identify products that are likely to sell well based on historical sales data and consumer trends. By recommending these products, e-pickr can help retailers reduce the risk of stocking products that may not sell, thereby reducing the amount of unsold inventory that needs to be disposed of.

#3 Recommend Better Quality Products to Reduce the Need for Frequent Replacements

Overconsumption is a significant environmental challenge, as it leads to the production of more goods than are needed and an increase in waste. By recommending better quality products that last longer, e-pickr can help combat overconsumption.

E-pickr can use its data analytics tools to identify products that are durable and have a long lifespan. For example, if a retailer sells electronic devices, e-pickr can recommend products with high-quality components and a long warranty period. By recommending these products, e-pickr can help consumers make more informed choices that lead to less frequent replacements and less waste.

Summarizing

Rather than blaming consumers for their consumption habits, we can take alternative actions. Firstly, we can recommend or sell only sustainable and durable products through e-commerce retailers. Secondly, we can reduce the number of unsold inventory units that are usually disposed of as wasted goods by only recommending products that sell well. E-pickr can help avoid bad investments and increase sales, ensuring that the products you purchase are sold. Thirdly, by recommending better quality products, we can reduce the need for frequent replacements, thus combating overconsumption. For instance, using AlibabaSourcr, we can examine suppliers with a good product quality score.

In conclusion, e-pickr can play a vital role in promoting sustainability by recommending or selling sustainable and durable products through e-commerce retailers, reducing the number of unsold inventory units, and recommending better quality products. Its data analytics tools can provide retailers with insights and recommendations that lead to more informed choices and a more sustainable future.

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